The institution has given positive assessment to the restrictive measures taken by the country’s authorities against ICO and noted that share of local crypto transactions has dropped from 90% to 5% which helped to avoid adverse effects of the 2017 crypto market growth and successive downfall.

Meanwhile the Bank stresses that it is too early to declare sweep victory over cryptocurrencies as there is a number of problems like huge trade volume at foreign crypto exchanges which is also being handled now.